The escudo was the currency of São Tomé and Príncipe between 1914 and 1977.

It was equivalent to the Portuguese escudo and subdivided into 100 centavos.

Initially, only banknotes were issued in the name of São Tomé and Príncipe and the colony used Portuguese coins.

Between 1974 and 1976, the Banco Nacional de São Tomé e Príncipe issued bearer cheques for circulation in denominations of 100, 500 and 1000 escudos.

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